Home » Posts tagged 'Sovereign Debt' (Page 3)
Tag Archives: Sovereign Debt
Sweden Launches MOAR QE, As Krugman Paradise Quadruples Down After Dovish Draghi
Sweden Launches MOAR QE, As Krugman Paradise Quadruples Down After Dovish Draghi Over the last six months, we’ve documented Sweden’s descent into the Keynesian Twilight Zone in great detail. Once upon a time, the Riksbank actually tried to raise rates, only to be lambasted by a furious Paul Krugman who accused the central bank of […]
IMF Warns That We Have a New Crisis Coming
IMF Warns That We Have a New Crisis Coming QUESTION: Marty; You mentioned that you met with a board member of the IMF. It certainly seems you are having a much larger impact than you may realize. The IMF is now warning of a crash. Do you think you can help reverse the trend if given […]
Where Is the First Helicopter Drop of Money Likely to Land?
Where Is the First Helicopter Drop of Money Likely to Land? So what’s left in the toolbag of central banks and states to stimulate recessionary economies if QE has been discredited? The answer: Helicopter Money. We all know helicopter money of some kind is coming as the global economy spirals into recession. Quantitative Easing (QE)–the monetary stimulus of […]
The G-30 Group Of Central Bankers Warn They Can “No Longer Save The World”
The G-30 Group Of Central Bankers Warn They Can “No Longer Save The World” In a detailed report by the Group of Thirty, central bankers warned that ZIRP and money printing were not sufficient to revive economic growth and risked becoming semi-permanent measures. As Reuters reports, the flow of easy money has inflated asset prices like stocks and […]
Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks
Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks In March 2010, two months before the announcement of the first Greek bailout, European banks had €134 billion worth ofclaims on Greece. French banks, as shown in the right-hand figure above, had by far the largest exposure: €52 billion – this was 1.6 […]
It was the creditors who pushed Greece over the edge
It was the creditors who pushed Greece over the edge If they had truly cared, the creditors could have easily prevented a default. Sadly, they found it more important to punish Greece and set an example. Image: sticking posters for the NO campaign ahead of Sunday’s referendum. On Tuesday, Greece became the first developed country […]
With Sweden’s QE Officially Broken, The Riksbank Doubles Down: Lowers Rates Even More Negative; Boosts QE
With Sweden’s QE Officially Broken, The Riksbank Doubles Down: Lowers Rates Even More Negative; Boosts QE It was precisely one week ago when we described how, for the first time in history, QE had officially failed to achieve its stated objective of pushing yields lower (ignoring that the real purpose is to push stock prices higher). In […]
When Bonds Go Kaboom!
When Bonds Go Kaboom! We’re not the only ones giving Neanderthal advice about holding on to physical cash. British newspaper the Telegraph reports: The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress. Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for […]
Germany, France Call for Fiscal and Political Union. Public Ignorance Vital for Success of EU Power Grab
Germany, France Call for Fiscal and Political Union. Public Ignorance Vital for Success of EU Power Grab Since Europe’s sovereign debt problems exploded onto the scene in 2010 the European Union has masterfully exploited the crisis to strengthen its grip over the old continent. It has stripped once-proud, independent nations of the last vestiges of […]
Japan’s The Tinder That Set The World’s Bad News On Fire – The Automatic Earth
Japan’s The Tinder That Set The World’s Bad News On Fire – The Automatic Earth. I can do this in just about random order, the idea should still shine through, and crystal clear at that. We’re on the verge not of a market correction, but of something much bigger. All it takes to know that […]
